Bad Samaritan: The Myth of free trade and the secret history of Capitalism

Economist Ha Joon Chang of Cambridge University published the crisp, contrarian history of global capitalism. $26.95 Bloomsburg Press, New York 2008 Just published in Feb.2008. In 2005 Chang was awarded Leontief Advanced Prize for Frontier of Economic Thought. He is a former researcher at the World Bank and an acolyte of Nobel Laureate Joseph Stiglitz,a free trade critic. John K. Galbraith of Harvard won the same prize as Chang did with advanced economic thought. A book review on Galbraith' "Almost Everyone's Guide in Economics" was published by the Atlantic Economic Journal in September 1979 for reference. "Work and Study Cycle Theory" may be regarded as reinforcement of the traditional Confucianism as Chang cited on page 189 with elaborations. There is a link between Confucianism and the economy in China. To wit: The proper mix of the public and the private sector as evidenced in the Chinese economic system with success during the recent years known to all.
As of February 29, 2008,a barrel of crude oil costs $103 with impacts on consumers in USA and in the world. Gold and other metals look shinier indeed due to credit crisis, inflation and financial negatives. What would be the traditional inflation hedge? I would recommend the investment in human capital. "Yi ren wei ben" as the same rationale as cited in "Keys for Economic Understanding" (1971)
American middle class incomes are stagnating as empirical evidence for a new president to change the course for the US economy after November election to be inaugurated in January 20, 2009. Xie Shihao a.k.a. Francis Shieh,Feb.29, 2008